Stein Hospice Services Inc

Analysis

Stein Hospice Services Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stein Hospice Services Inc reported income of $11.8m and spending of $11.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.0m to $11.8m (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stein Hospice Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include JSL Foundation ($11.8m), Nishna Productions Inc ($11.8m) and Special Mobility Services Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 90% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $7.1m against liabilities of $2.8m, net assets of $4.3m. It reported 91 employees.